NEW YORK (Reuters) - Fitch Ratings upheld its AAA rating on the United States on Tuesday after lawmakers approved spending cuts that will help avoid a U.S. default, but warned that the world's largest economy must reduce its debt burden or face a downgrade.

Spending cuts? Really? They'll never happen and if they do they're a drop in the ocean. This is beyond absurd.

HCf wants another statist in power so long as it's his statist for loans to favored corporations that no one else gets, for bailing out foreign central banks when their people should be bailing them out and for more policing of the world which has led to our bankruptcy.